Morning Daily - 2016-05-30

Monday, May 30, 2016
Daily Newsletter
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Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
Top Stories
• NGTs diesel vehicle ban may extend to more cities like Kolkata, Mumbai, Bengaluru
• Subros factory in Manesar gutted in massive fire
• Sri Lanka reduces duties on small cars; exports from India to benefit
• Renault India exploring new markets to export Kwid
• What CEO of General Motors thinks about leadership
• Competition from Vitara Brezza making Ford India to spend over Rs 200 cr on brand campaign
• Eyeing 25% share, Bajaj Auto to invest Rs 575 cr in FY17
• Two-wheeler rules to apply to e-bikes too
• Bajaj Auto: How much can domestic demand compensate for exports dip? HTMint
• Subros Plant Fire: Extensive Damage Incurred
• IIT-B develops fastest Indian electric racing car Orca
• Volkswagen car dealer in Trichy ordered to compensate customer for selling old model
• Now, you can buy a mini Tesla Model S version for your kids also
• Normal monsoons can boost farm income by 20% in FY17: Report
• How to save Rs 10 crore for retirement without taking too much risk
• RBI likely to lower rates by another 50 bps in FY17: Morgan Stanley
• Odisha to implement 'no helmet-no fuel' initiative
• NCR residents prefer to buy 2nd car if odd-even again imposed: Survey
• Ten Mistakes That Are Killing Your Job Search Forbes
• Ten Ways You're Limiting Yourself Without Realizing It Forbes
Industry
• Arun Jaitley to meet PM Shinzo Abe, industry leaders including Suzuki chairman in Japan
• Highways ministry eyes Masala bonds to raise funds for road projects
• You need to know someone in govt to do biz in India: South Carolina governor
• India one of the best-placed among emerging market economies: Deutsche Bank
• Economic recovery this time is going to be gradual and uneven: Morgan Stanley
• Luxury brands struggle to attract Internet generation
• Indian employees most content about their well-being: Survey
• Speed advances demand safety advances at Indy 500
• Porsche launches digital business division for premium segment
• Mumbai HC stays road works awarded to tainted contractors
• Delhi-NCR tops job creation among 8 cities in Q4 FY16: Assocham
• It is our habit to delay files; something more important than loving our wives: Nitin Gadkari
• South India likely to hire the maximum in 2016-17: Survey
• Europes's TE Connectivity Opens Automotive Test Competence Center in India
• March quarter GDP data to be released on Tuesday HTMint
Policy
• Govt to seek advocate general's opinion on NGT order passed in Kerala
• Latin, Global NCAP upset by Mexico's delay in applying car safety legislation
• Modi Govt's 3rd year to see many imp legislations: Arun Jaitley
• Guidelines for vehicles carrying students issued
Passenger Vehicle
• Audi Q drive starts in Guwahati from today
• BMW recalls 1.2 lakh cars over Takata air bags
• Michigan bills expand use of driverless cars beyond testing
Two Wheelers
• Mumbai's women scooter trainers in high gear
Aftermarket
• Despite de facto ban, Uber, Ola continue operations in Bengaluru
• Uber appeals Pennsylvania utility regulator's $11.4 mn fine
Auto Components
• Minda Corp.'s net profit jumps 9.2% in Q4 of FY 16
• Multek expands automotive capabilities with new auto division in China
Auto Finance
• Bajaj Autos lofty guidance a tough ask, does not dim stocks appeal over peers
• Valeo going for a stock split; move to help new shareholders
• History suggests Volkswagen shares may struggle to bounce higher
Raw Material
• India among top 10 steel importers in 2015: World Steel Association
• India targetting steel output of 300 mn tonnes: Vishnu Deo Sai
Oil & Lubes
• As crude oil hits $50 a barrel, options market suggests jitters
• In US, gasoline prices at 11-year low
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